Wednesday 26 April 2017
 
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Oman coal power plant under environment study

Two Chinese power companies are set to study the environmental impact of a proposed coal-fired power project in Oman’s Duqm free zone in a bid to obtain environment clearance from the Sultanate, a report said. State-owned Hebei Electric Power Design and Research and Ningxia

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Mubadala unit seals $2.5bn French equity deal

UAE-based Mubadala Development Company said its financial investment arm has announced a $2.5-billion investment deal with French private equity firm Ardian, which includes the creation of a private equity fund. As per the agreement, Ardian will invest $1.75 billion to acquire a

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Siemens JV to help boost Egypt oil generator business

State-run Egyptian Electricity Holding and Egyptian Maintenance Company for Petroleum Services will be joining hands with German industrial giant Siemens to set up a new company which will help boost oil the country's generator business. Eyptian Minister of Petroleum Tarek El

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Saudi-Korean JV to set up $50m chemical plant

Saudi-based Maydan Industry for Industrial Development & Investments Company will join forces with Ahmad Kassim Al Amoudi Group Company (AKA) and the South Korean technology company SFC to establish a manufacturing plant in PlasChem Park. said a report.   

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Aramco's new tool improves reservoir management

While developing and managing reservoirs is a complex and challenging process, a new tool, named Reservoir Engineering Integrated Environment (REOnline), helps engineers to better plan, develop and manage the company’s fields and reservoirs. “Saudi Aramco has always b

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Sabic, Exxon select site for US petchem JV

Sabic and ExxonMobil Chemical Company have announced the selection of a site in San Patricio County, Texas, for potential development of a jointly-owned petrochemical complex – currently under study – on the US Gulf Coast. The proposed multi-billion dollar investment

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World's largest e-waste recycling plant to come up in Dubai

Enviroserve UAE, a global leader in the delivery of niche waste and environmental solutions, has signed an agreement with Dubai Wholesale City for the construction of a 228,000-sq-ft electronics and specialised waste recycling plant at Dubai Industrial Park, the dedicated industrial hub within

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China firm plans $2.3bn methanol-to-olefins project in Oman

China-based Mingyuan Holdings Group Company, a leading petrochemical company, plans to set up a major methanol-to-olefins (MTO) plant alongside a giant greenfield methanol scheme at the China-Oman Industrial Park, in the sultanate. The plant will be set up will with an investment

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Egypt qualifies 5 firms to set up Aswan power plant

Egypt’s New and Renewable Energy Authority (NREA) has qualified five companies in the tenders to set up a power plant in Kom Ombo in Aswan with a capacity of 20 MW, in cooperation with the Agence Francaise De Developpement (AFD). The winning companies include Sterling and W

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Bechtel clinches Egypt petchem project deals

Bechtel, a global leader in engineering, procurement, and construction, has been awarded two contracts by Carbon Holdings of Egypt to deliver major petrochemical projects in Egypt. The contracts are to provide project management services for the Tahrir Petrochemicals Complex at A

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